Galliford Try has reached a preliminary agreement to sell its house-building interests to Bovis Homes for £1.075 billion. Under the terms, Bovis will pay a cash element of £300 million for Linden Homes and Galliford Try Partnerships with a further transfer of a £100m private debt p
Galliford Try has completed the restructure of its construction business and is prepared to go to formal dispute resolution with Transport Scotland over a final settlement of the Aberdeen bypass, the firm said today. Outlined by the company earlier this year, the reorganisation saw the firm reduce i
Eighteen companies – including Galliford Try, Severfield, and Screwfix – have been suspended from the Prompt Payment Code for failing to pay suppliers on time, the Chartered Institute of Credit Management (CICM) announced today.
Galliford Try’s move to shed up to 350 jobs as part of a business and management restructure has claimed its most high-profile victim. Infrastructure managing director Nick Salt is leaving the business as part of the group-wide restructure.
Pat Munro (Alness) Ltd is to extend its existing services with the addition of a Major Projects Department after recruiting the majority of the experienced management team from Morrison Infrastructure in Inverness.
A £950 million bid by Bovis Homes to take over the housing business of Galliford Try has been rejected by the company’s board.
Up to 350 jobs will be lost at Galliford Try after the firm confirmed plans to reduce its construction activity by nearly a third.
Struggling construction firm Galliford Try has announced its intention to close much of its business in Scotland. Around 350 jobs are reported to be under threat, with most of those affected north of the Border.
Galliford Try is to undertake a strategic review of its construction arm that will reduce the size of the business after issuing a fresh profit warning this morning. The firm said the review will focus on its key strengths in markets and sectors with sustainable prospects for profitability and growt
The winners of the Mates in Mind Impact Awards 2019 were revealed a ceremony last week. Adjudicated by an independent panel of leading industry experts, the awards aim to recognise and celebrate the effort and good work of large organisations, SMEs and individuals across the UK to improve the mental
Graham Prothero is to take over as chief executive at Galliford Try after Peter Truscott left the company for a rival housebuilder. Graham, who joined Galliford Try as group finance director in 2013, succeeds Peter Truscott with immediate effect.
Galliford Try has again written off exceptional costs from completion delays to the Aberdeen Western Peripheral Route (AWPR), sinking its construction division into the red in the first half of its financial year. In a trading update this morning the contractor reported it had taken a further £
Hopes the final section of the Aberdeen Western Peripheral Route (AWPR) would open before Christmas have been dashed after the Aberdeen Roads Ltd (ARL) consortium confirmed it will not meet the deadline it set itself just over a fortnight ago. Balfour Beatty and Galliford Try’s consortium told
The final stretches of the long-awaited Aberdeen bypass are to be fully open by Christmas with the completion of work on the River Don Crossing – though the £745 million project bill is now more than £1 billion, members of a parliamentary committee were told today. A document submi
Galliford Try has confirmed that the Aberdeen Western Peripheral Route (AWPR) completion has been pushed back to December and that the delay has increased its costs on the project by a further £20 million. In a trading update to investors this morning, the contractor said the final s